Business model innovation: a temporal perspective

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Title: Business model innovation: a temporal perspective
Authors: O Riordan, Niamh
O'Reilly, Philip
Duane, Aidan
Andreev, Pavel
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Date: 10-Dec-2014
Abstract: Recent years have seen an explosion in the number of academic and practitioner-oriented publications on business models and business model innovation. Indeed, companies that traditionally focused on product and service innovation, are turning toward business model innovation as an alternative orcomplement to product or process innovation. Nevertheless, companies struggle to innovate the business models through which commercialisable new ideas and technologies will pass. At the same time, the literature remains skewed toward product and process innovation rather than business model innovation. This paper highlights the need for a temporal view of the business model innovation process and proposes a conceptual model of the business model innovation process to enable organisations to identify, model and prioritise potential business models. It also develops a prioritisation framework to be used for ranking alternative business models and to form part of an IT-based business model decision support system.
Type of material: Conference Publication
Copyright (published version): 2014 the Authors
Keywords: Business model innovation processIdeationEvaluationPrioritisation
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Language: en
Status of Item: Peer reviewed
Conference Details: The 25th Australasian Conference on Information Systems, Auckland New Zealand, 8 - 10 December, 2014
Appears in Collections:Business Research Collection

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